The Hidden Cost That Quietly Eats Millions: Why Tax Strategy Is Your Biggest Lever
A Story Too Familiar An entrepreneur sells her company for $25 million. Friends celebrate. Headlines congratulate. But when the dust settles, she wires nearly $9 million to the IRS and her state’s revenue department. What stings most isn’t the tax itself—it’s realizing that with better planning, millions of those dollars could have stayed in her […]
From Failure to Fortune: How Barbara Corcoran Transformed Setbacks into a Multimillion-Dollar Real Estate Empire
Inspired by Entrepreneur’s article “Here’s How Barbara Corcoran Turned a Huge ‘Flop’ Into Pioneering Real Estate Technology” by Erin Davis (Sept 9, 2025) The Allure of Failure as a Teacher Most entrepreneurs see failure as a red flag. Barbara Corcoran saw it as tuition. Instead of running from her missteps, she mined them for lessons—and […]
From One Store to Millions: Real Franchise Lessons for Business Owners
Source: U.S. Chamber of Commerce – “How 3 Franchise Entrepreneurs Built Multimillion-Dollar Businesses” (Read the full article here). These are not Wealthrive client stories. The Allure of the Franchise Model Franchising has a certain charm for growth-minded entrepreneurs: you get a proven concept, brand recognition, established processes, and the backing of a larger organization. On paper, it’s a shortcut to success. But […]
Story Time – Passing the Pipe: A Plumbing Duo Plans for Retirement
By Noah B. Rosenfarb, 3rd Generation CPA, www.Wealthrive.com The late afternoon sun cast long shadows across the parking lot where Ron and Andy sat in their work truck, coated in drywall dust and bone-tired after another grueling weekend job. The small office building they’d just re-plumbed stood quiet behind them, a testament to the relentless […]
Story Time – Golden Handcuffs: How One Owner Retained Talent and Sailed Into Retirement
By Noah B. Rosenfarb, 3rd Generation CPA, www.Wealthrive.com For Judy Blitz, running a $40 million extended warranty business in Miami was a dream come true—until it wasn’t. Her company was thriving, netting $20 million annually, but her business partner’s abrasive management style turned the daily grind into something far less enjoyable. Mike Wallace, Judy’s 35% […]
Unlocking Your Savings: Understanding the Tax Benefits of the ‘One Big Beautiful Bill’
At Wealthrive, our mission is to empower you with the knowledge and strategies to navigate the evolving financial landscape with confidence. The recent signing of the “One Big Beautiful Bill Act” (OBBBA) by President Trump on July 4, 2025, represents a landmark legislative achievement that promises to reshape the tax obligations for millions of Americans. […]
Story Time: From Coconut Grove to Cashing Out: A Tale of Love and Legacy
In the sultry haze of a Coconut Grove evening nearly half a century ago, Ron Rose, a 26-year-old with a mop of sandy brown hair and piercing blue eyes, met a precocious 10-year-old named Robin Corcoran. She stepped out of her parents’ rental car, sized him up with a Bostonian lilt, and declared, “You look […]
The Art of the Exit: How Preparation Pays Off
By failing to prepare, you are preparing to fail. Benjamin Franklin’s timeless wisdom rang painfully true for John Schwartz’s father, who ran a thriving liquor distribution business. In an industry where demand rarely wavers, success seemed assured. John, a gifted salesman, fueled the company’s growth, assuming he’d one day take the reins. But his father, […]
Founder Q2 2025 Update: You Only Live Once!
As part of turning 49 on May 31, I’ve set the stage for a year filled with purpose and adventure. I’m savoring the fruits of my labor, grateful for the freedom to pursue my passions and make a lasting impact. This summer, Amanda and I will soak up the beauty of Oregon, our first time […]
Storytime: Fishing for a Solution – Sale to a Key Employeee
By Noah B. Rosenfarb, 3rd Generation CPA Charlie McCovey stood on the roof of his latest project, a detached two-story garage with a one-bedroom apartment above. Though Halloween had passed, the Florida sun beat down with summer-like intensity. From up there, he could hear the sounds of kids splashing in a pool nearby and caught […]
